what is the degree required to become an investment banker and what is the average salary?
1. The front office comprises the client facing roles like traders, mergers and acquisition analysts, underwriters etc.
2. The middle office consists of research and risk management roles like equity research analysts, risk managers etc.
3. The back office recruits employees for support roles who take up tasks like clearing and settlement processes, bookkeeping etc.
Now for you, if you are a graduate in finance (B.Com, BBA, BMS etc.), then you can do some certification courses and get into the back office roles. You won't be recruited for the middle or front office roles. If you are an engineering graduate, then also you have a chance of getting recruited for back-office roles.
You can refer to the following articles to understand how to start a career in investment banking:
1. How can a graduate get into Investment Banking - https://www.learnwithflip.com/blog/for-individuals/how-can-a-graduate-get-into-investment-banking/
2. 8 Steps from Engineer to Investment Banker - https://www.learnwithflip.com/blog/for-individuals/8-steps-engineer-investment-banker/
If you get an MBA, you'll have an edge over others and can get recruited from campus placements.
The average package from graduates ranges from 5-6 LPA, whereas for MBA students, it can fall anywhere between Rs. 10-25 LPA depending on the specific role and company you are recruited for.
Answer latercan graduate student go for the carrer investment banker
I am studying in 11th commerce and I want to do course of investment banking details after 12th what is do
Investment banking is a very good and highly paid career option; this is a specialization that you can do after concluding your postgraduate studies in business management field.
To become an investment banker, you can follow the below mentioned steps.
• You can take up graduation (3-4 years) in Finance, Business or Economics, for example you can pursue courses like B.Com (Bachelors of Commerce), BBA (Bachelors in Business Administration), etc..
• Once you have completed your graduation, you will have to pursue Masters in Business Management in business or finance.
Below are the top colleges you can check
- Institute of Chartered Financial Analysts of India University (ICFAI) (Tripura)
- Indian Institute of Banking & Finance (IIBF)
- IPM, New Delhi
- The School of Investment Banking (SIB)
- Xavier Institute of Management - Bhubaneswar
- S.P.Jain Institute of Management & Reaserch - Mumbai
- Veer Narmad South Gujarat University
- Mount Caramel Business School - New Delhi
- Planman Centre for Higher Education (CHE), Delhi
- Chennai Business School, Chennai
Who is Investment banker?
What is the role of Investment Banker?
